Virtual General Meetings Amendments Proposed by LINX Board
LINX Board proposes amendments to allow virtual general meetings, increasing quorum to 25 and enabling interactive discussions among members. Member feedback sought before the resolution at the next GM.
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Presentation Transcript
Forthcoming Articles changes: Virtual GMs Malcolm Hutty 21/03/2025
General meetings in the Articles We conducted the 2020 AGM virtually on Zoom out of necessity Government restrictions on travel to contain Covid lockdown Our Articles specify a quorum of ten people personally present Getting 10 members in the same location was neither legal nor safe Holding a GM was essential: to adopt the accounts and to conduct a Board election It is not clear in our Articles whether virtual General Meetings are legally valid Interpretation of the personally present requirement We are far from the only company challenged by this so the government passed a one-off law to legalise them between March and September 2020 2
Proposed permanent addition of virtual meetings The Board intends to propose an Articles amendment so that LINX may continue to hold General Meetings virtually We propose to specify the following requirements: Virtual GMs will have the same powers as ordinary GMs Only the Board can call a virtual meeting The quorum (for all GMs) will be raised from 10 to 25 LINX must provide a facility for virtual GM attendees to interact/discuss matters between themselves, not only through the Chair (i.e. a chatroom, or similar), as well as to ask questions of the Board. Decisions of the meeting must still go through the Chair. 3
Member consultation This proposal will be published on membership@, as will the text of the draft Resolution Comments/feedback invited, either on the mailing list or directly Assuming member support, we intend to propose a resolution at the next GM 4
